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#mortgage101
egemenmustafa64 · 7 months
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Decoding Mortgage Jargon: A Guide to Loan Lingo
Navigate the labyrinth of mortgage terminology with confidence as we decode the perplexing jargon of the housing market! From APR to PMI, understanding these acronyms can empower you to make informed decisions about your financial future. Unravel the mysteries of points and closing costs, and gain insights into the difference between pre-approval and pre-qualification. Whether you're a seasoned investor or a first-time buyer, mastering mortgage lingo is key to unlocking the door to your dream home.
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paulsmarj · 6 months
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False 📣 The lowest interest rate does not always save you the most money or get you the best deal. Consider these other factors when deciding on a mortgage: Fees (including points), Closing Costs, and Loan Terms. Remember, knowledge is power, especially when it comes to your home investment. Reach out today so we can get you the best home loan deal. #homeloan #mortgage101 #financetips #homebuying #knowledgeispower http://dlvr.it/T3yXWT
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imhomeinspections · 9 months
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Liz Bushman breaks down who Fannie Mae is. #fanniemaeinsights #interestrates #LizExplains #teaserclip #mortgage101
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miamibeachbroker · 11 months
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🏡🔑 Real Estate Basics: The Mighty Mortgage 🌟💰 Let's start at the very beginning of your real estate journey with a term you need to know: Mortgage. 🏠💡 💡 Mortgage Unveiled: It's more than just a loan; it's your key to homeownership. A mortgage is a specialized loan designed specifically for the purchase of real estate. 🏠 The Gateway to Your Dream Home: Whether you're a first-time homebuyer or you've been down this path before, a mortgage is your financial ally, paving the way to your dream home. 🔗 Your Real Estate Connection: Mortgages come in various types, each tailored to different needs and financial situations. Exploring your options and finding the right fit is crucial. 🏦 The Lender's Partner: A mortgage represents a partnership between you and the lender, providing you with the funds you need to make your homeownership aspirations a reality. 💬 Join the Conversation: Share your thoughts, experiences, or questions about mortgages in the comments below. We're here to learn from each other and empower your real estate journey! 🗣️👇 From the first steps of finding your dream home to the final signature on the dotted line, a mortgage is the bridge that connects you to your homeownership aspirations. 🗝️🏡 #RealEstateTerminology #Mortgage101 #YourPathToHomeownership #TheDailyHomeTip #JustRealtorThings
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11graphs · 5 years
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Total Mortgage Debt Outstanding by Year in the U.S.
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Did you know that: * Outstanding mortgage debt is 284 times greater in 2018 than it was in 1949. * Total mortgage debt first exceeded $1 trillion in 1977. * From 2008 to 2012, during the height of the Great Recession, total mortgage debt in the U.S. actually decreased every year. * As a percentage, the largest increase in mortgage debt year-over-year occurred from 1949 to 1950, when mortgage debt increased by more than 50%. (Source: howmuch.net) Leave a like to support our work <3 Tell us what you thought about it in comment :) Follow @11Graphs for more!
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realest8agentj · 4 years
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Financial challenges due to the coronavirus have many homeowners in search of mortgage relief. Mortgage deferment and mortgage forbearance are two options you may have read about recently. Both allow a borrower to skip monthly payments for a set period, but there can be differences. If you’re facing challenges, be sure to contact your lender directly to learn about all the options available to you. #mortgage #mortgagedeferment #mortgageforbearance #mortgage101 #grammarpros #RealEstate #realestatetips #realestateadvice #mortgagerelief #forbearance #realest8agentj #JenniferWhittington #Longandfoster (at Berlin, Maryland) https://www.instagram.com/p/B_uS4MDnX7T/?igshid=97it21wvbgsp
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Financial challenges due to the coronavirus have many homeowners in search of mortgage relief. Mortgage deferment and mortgage forbearance are two options you may have read about recently. Both allow a borrower to skip monthly payments for a set period, but there can be differences. If you’re facing challenges, be sure to contact your lender directly to learn about all the options available to you. #mortgage #mortgagedeferment #mortgageforbearance #mortgage101 #mortgagerelief #forbearance  #Floridalifestylenow #floridalifestyle #erincatronandcompanyrealestate #ECCSWFL #swflrealeatate  #Puntagorda #portcharlotte #northport #englewood #bocagrande #Sarasota #Floridabeaches https://www.instagram.com/p/B-9lIogDSpw/?igshid=1wpu956qoa4oa
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valoansacramento · 5 years
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Had a blast sharing our #Mortgage101 class with #kellerwilliamseldoradohills #downpaymentassistance (at Keller Williams Realty El Dorado Hills) https://www.instagram.com/p/B1MZiCipnvY/?igshid=cxuzxq18eolv
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jlburtonjr · 7 years
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Thinking Real Estate Thursday HOW THE PURCHASE OF A VEHICLE CAN DISQUALIFY YOU FROM HOME-BUYING Did you know that purchasing a vehicle before buying a home could prevent you from owning the home of your desires? Here are some of the reasons why: 1. Debt to Income Ratio increase due to monthly vehicle payment 2. Credit scores could decrease due to multiple inquiries (also know as credit pulls) 3. Funds used to purchase vehicle may be the funds needed for mortgage down payment and/or reserves All 3 of the reasons mentioned could cause you to remain at your current place of residence or will have you purchasing a home that you really don't love. If you can hold off on buying that vehicle before closing on the purchase of your new home, the process will go much smoother. To receive more home-buying tips click HERE ⬇⬇⬇ http://bit.ly/5home-buyingtips . . . . #textgramofficial #texgram #realestate #realtor #realtorlife #mortgage #mortgagefinancing #mortgage101 #mls #mlslisting #education #information #value #theburtonteam (at Jesse L Burton - Real Estate Professional)
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justaskamy · 4 years
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Call Center Mortgage Telephone Script
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My 800 Credit Score DROPPED!!! | Ultimateonlinemortgage.com
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adnanferozco · 2 years
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If you're looking to improve your credit score in order to land a mortgage, there are a few key things you can do. First, pull your credit report and assess where you stand. If there are any errors, dispute them immediately. Next, try to erase any one-time mistakes by paying down debts and increasing your limits. Finally, make sure you always pay your bills on time and give yourself some time to improve your score naturally. By following these simple tips, you can improve your credit score and increase your chances of getting approved for a mortgage. . . . . #mortgage #mortgagebroker #mortgagetips #mortgagelender #mortgagerates #mortgageloans #mortgageloanofficer #mortgagelife #mortgagebrokers #mortgageadvice #mortgagespecialist #mortgagefree #mortgagefreecommunity #mortgagelending #mortgages #mortgageadvisor #mortgageloan #mortgageagent #mortgageexpert #mortgagepro #mortgageprofessional #mortgageprotection #mortgageloanoriginator #mortgageadviser #mortgagenews #mortgagemarketing #mortgageexperts #mortgageindustry #mortgage101 (at Toronto, Ontario) https://www.instagram.com/p/CdqgkQ-vNdI/?igshid=NGJjMDIxMWI=
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andreathayermlo · 3 years
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#gotmortgagequestions #mortgagequestions #mortgagetips #mortgage101 #refinance101 #askmetoday #askmehow #askmewhy #yourfriendlymortgageloanofficer #heretohelp #hereforyoueverystepoftheway
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miamibeachbroker · 1 year
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🏡💼 Unlocking Home Financing: The ABCs of Conventional Mortgages! 💡🔑 In the realm of mortgages, 'Conventional' is the name of the game. 🌟 These are the most common type of mortgages, and they aren't backed by a government agency. It's time to demystify the basics of this homeowner's essential! 🏘️💰 #ConventionalMortgages #SmartHomeInvesting #Mortgage101 #HomeOwnership
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salpaonebuilder · 4 years
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Don’t Do This After a Mortgage App
Don’t Do This After a Mortgage App #mortgage101 #mortages
Applying for a mortgage can be a complicated process. What many home buyers don’t realize is that although you may be on sound financial footing when you complete your application, there are actions you could take after your application that could jeopardize your mortgage approval. This article from NerdWallet explains what you should NOT do, including applying for new credit, missing credit card…
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othohampton-realtor · 4 years
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2020 has seen a shift. Buyers are less likely to be motivated by renting vs buying advantages and investment opportunities, and more motivated by having a space to call their own. What reasons drive your dream of home ownership? #homeownershipgoals #homebuyingprocess #homeownership #newhomeshopping #mortgage101 #realestatetips #fortstewart #militaryrelocation #othohamptonrealtor #hinesvillegarealtor #weichertrealtorsrep #1atatime — view on Instagram https://ift.tt/2FTkOId
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